Inner H2 Feb 2019 18:36
4x implants will carry the 7 teeth, one is already extraced , Solo,
In addition….
SOLO are fully funded throughout all of 2019, have very low overheads (less than £500k pa)
Current Cash position is £5m with a further £2m in UKOG shares @current SP.
SOLO also have a £2.8m (13%) stake in Helium-one which is due to drill Q1 2019 and targeting to list in London around a similar time. Estimated production revenues from Helium-1 are between $150 to $600 million per year once in production with an estimated production target of 2020
Kiliwani North K1 remediation also in progress and currently flow testing. Based on previous flows could mean between $121,000 to $243,000 per month to SOLOs 8.3% stake.
Directors recently put in £260k at 2.25p and hold 10% of the company.
Market cap around £10 ml